Almost lost $1000 today in values in last two days. Just heard the bull has just entered. What's really causing this impact? The price was bit fluctuating between $8500 to $7500 for past ten days but today's impact brought down the value near $7500. Are we towards $6000?
It is just normal and there is nothing to doubt about it. If we'll all look back to the history of bitcoin, we'll see that t has gone through a lot and it reached higher than it's previous prices so let's just keep the faith. Bitcoin would surely go back to it's normal price.
of course it was very nice to make a profit in 2017, when Bitcoin rose to 20,000 dollars. But if we assume that today we have the last chance to buy Bitcoin at a cheap price, then perhaps in the long term we will see an even greater maximum than it was last year.
The fact is that many enthusiasts expect even more performance from Bitcoin. not for nothing the last years sounded forecasts for 50,000 dollars and even more, But how real they are very difficult to say.